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Small Business

Joe Bornstein, Adam Lee among 150 business leaders that support minimum wage increase

Dylan Martin |

The Maine Small Business Coalition revealed on Wednesday a list of more than 150 business leaders who support a citizen-led initiative to increase the state's minimum wage.

MTI, UMaine launching new startup program

The Maine Technology Institute and the University of Maine are launching a startup accelerator program in Bangor next month for up to three startups that have “high-growth potential.”

Anthem to acquire Cigna in $54.2B deal

In the largest-ever acquisition of a health insurer, Anthem announced today it had agreed to purchase Cigna in a deal valued at $54.2 billion, including debt.

Scrap metal facility proposed for Otis Mill site

The new owner of the former Otis Mill in Jay is proposing to use the property as a scrap metal recycling and storage facility.

GAC Chemical Corp. becomes an employee-owned company

James McCarthy |

GAC Chemical Corp. has joined the ranks of prominent Maine companies such as Cianbro and Sargent Corp. that are owned by their employees. The Searsport-based company announced on Monday that its...

Middle market firms enter foreign markets cautiously, strategically: study

Lori Valigra |

Of the 619 middle market firms in Maine, only 19 are involved in exporting, according to a new study.

Bethel company fights trademark violation claim

Black Bear LLC, a Bethel-based maker of all-natural energy drinks and oral sprays, is contesting a claim that it’s violating a trademark of a California company.

Likeable Local gets $500,000 debt financing; to expand Portland office

Lori Valigra |

Social media software tool company Likeable Local has received $500,000 in debt funding to expand its Portland and New York offices.

Feds award $120K to 13 Maine clean energy projects

USDA Rural Development is awarding nearly $120,000 to 13 Maine businesses for clean energy projects that include solar power systems, variable-frequency ventilation fans and geothermal heat pumps.

44 North Coffee grows beyond roasting facility with new cafe in Stonington

Lori Valigra |

When Melissa Raftery and Megan Wood decided to start a year-round coffee business on Deer Isle, they took a magazine article's advice and sat at the...